Answer:
TRUE
Explanation:
Often financial statements may confuse a potential buyer looking to develop an objective assessment of the company.
- As part of the assessment phase, a purchaser will review the seller's balance sheet to see if the asset book prices are appropriate.
- Evaluating a firm is an easy task, culminating in an accurate figure. The aim of assessing an enterprise's worth is to provide a baseline for use in determining the business ' price of the property, by this they attract a potential buyers.
for example, some times companies used to show their asset on the historical prices by this they can manipulate potential buyers.
